BSE:YASHO is on the verge of a breakout and one should keep this stock on radar. Buy only after the breakout and keep a stop loss at 1730 for targets of ~2000+. However this is only the first target and you should definitely expect much higher levels here.
Chart is self explanatory. The management is confident of maintaining & improving margins ( since increase in raw material prices are passed on to the customer ) with peak revenue potential of 1250 Crore from capex incurred ~ with expectations of 60% capacity utilization by 2025. At Existing 16% margins, 1250 Cr Revenue would roughly equate to around 200 Cr...
Yasho Industries is a pioneer in specialty and fine chemicals manufacturing, its high on 8 feb 2099 now its trading 1575 on technical and fundamental company is good only thing is less liquid because most of the equoity with promoters , technically buy for long term investment